MICSAND HOLDING ApS

CVR 32940536 · Private limited company (ApS) · Active · Medium risk

MICSAND HOLDING ApS is a Private limited company (ApS), founded on , based in Odense S. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 15 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 170k and a net result of DKK -4,394.

Bankruptcy risk for MICSAND HOLDING ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
32940536
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Stenløse Bygade 5
5260 Odense S
Municipality
Odense
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 15
Missing annual reportNo
Negative equityNo
Equity ratio95.0%
Current ratio1,100%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1,500DKK 0
Net profitDKK -4,394DKK 119
EquityDKK 170kDKK 175k
Total assetsDKK 180kDKK 182k
CashDKK 40k–
Short-term debtDKK 9,048–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025200 Late
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023187 Late
1 Jul 2021 – 30 Jun 2022328 Late
1 Jul 2020 – 30 Jun 2021159
1 Jul 2019 – 30 Jun 2020148
1 Jul 2018 – 30 Jun 2019190 Late
1 Jul 2017 – 30 Jun 2018193 Late
1 Jul 2016 – 30 Jun 2017152
1 Jul 2015 – 30 Jun 2016165
1 Jul 2014 – 30 Jun 2015188 Late
1 Jul 2013 – 30 Jun 2014176
1 Jul 2012 – 30 Jun 2013158
1 Jul 2011 – 30 Jun 2012153
21 May 2010 – 30 Jun 201188

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMichael Sand
Owner (100%)Michael SandCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorREVIFYN ApS
FounderMichael SandCurrent

The CEOs' other companies

Michael Sand – 2 other companies

Address history (1 moves)

Stenløse Bygade 5, 5260 Odense S
Stenløse Bygade 5, 5260 Odense S

Other companies at the same address

Similar companies in Odense

Questions and answers about MICSAND HOLDING ApS

Has MICSAND HOLDING ApS gone bankrupt?

No, MICSAND HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MICSAND HOLDING ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

When was MICSAND HOLDING ApS founded?

MICSAND HOLDING ApS was founded on 21 May 2010.

What is the equity of MICSAND HOLDING ApS?

Equity was DKK 170k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.